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Learning outcomes assessed:
1. Identify the different petroleum products, their markets and any seasonality of demand.
2. Differentiate between the characteristics of National Oil Companies, International Oil Companies and Government-Sponsored Enterprises.
3. Explain the structure of the Oil & Gas industry.
4. Explain the fundamental differences in the supply chain for petroleum products from that for natural gas and an appreciation of fossil fuels share of the global energy market, the historical trends and the broad outlook for the future.
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